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Molika
Molika B. is 29 years old, married, and the mother of two. For some time now, she has been buying and selling charcoal at the wholesale and retail levels in Lomé, the Togolese capital. She would like to use this loan to buy new sacks of charcoal to expand her commerce and to meet the needs of her customers. The profits derived from her work will enable her to be responsive to her family's needs.
View original language description ↓
B. Molika est âgée de 29 ans, mariée et mère de deux enfants. Elle achète et revend depuis un certain temps en gros et détail des sacs de charbon à Lomé la capitale togolaise. Elle souhaite par ce crédit acheter de nouveaux sacs de charbon, afin d’augmenter la taille de son commerce et faire face aux besoins de sa clientèle. Les profits tirés de son activité lui permettront de prendre en charge des besoins de la famille

Additional Information

About FECECAV

FECECAV is a cooperative union registered in 1997. Its mission is to serve the financial needs of local people who have been excluded from the traditional financial system. It serves more than 50,000 members in the Plateau and Maritime regions of Togo. FECECAV is a not-for-profit organization.

About Togo

  • $1,500
    Average annual income
  • 0
    View loans »
    Togo Loans Fundraising
  • $8,765,200
    Funds lent in using Kiva
  • 504.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Molika to buy sacks of charcoal for resale.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2009
Listed
Jan 23, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012